In the crypto market, slowly turning 10,000 into 1 million—honestly, it’s not about relying on luck or sudden bursts. Those stories of overnight riches, just listen and forget. The truly workable path is based on a methodology.

Over the years, after repeatedly stepping into pitfalls and constantly reviewing, I’ve distilled a few practical experiences that can be applied in real trading. They’re not fancy tricks, but they’re especially effective.

**Small Capital, Don’t Trade Every Day**

From a few thousand to 100,000, the mindset is most likely to collapse. If you can catch a decent market move in a day, that’s considered passing. Instead of constantly seeking opportunities, it’s better to stay mostly in cash and wait. It’s actually safer.

**Good News Is Not a Signal to Enter**

When good news arrives, your first reaction shouldn’t be excitement but defensive awareness. Many market tops are gradually built amid a wave of positive news. Learning to reduce your position when the market opens high the next day is much more important than chasing the rally. There’s an old saying in the A-share market: “All good news is followed by bad news.” The same applies in crypto.

**Reduce Positions Before Major News and Holidays**

Don’t stubbornly hold your position before the direction is clear. Let the market give the answer first, then follow the trend. This requires patience but can help you avoid many pitfalls.

**Medium to Long-Term Must Be Light**

A light position keeps your mind calm. When a correction comes, you have room to adjust your strategy without being forced out by a shakeout. That’s the secret to longevity.

**Short-Term Trading Depends on Execution**

Enter and exit decisively; admit mistakes when they happen. Procrastination and greed are the two deadliest diseases in short-term trading. The opportunities missed today might appear again in the next 5 minutes.

**Respect the Rhythm of the Market**

Be patient when it’s slow, and keep up when it’s fast. Don’t fight against the market—that’s just throwing a tantrum. The market has its own temper.

**Cut Losses When the Direction Is Wrong**

Stop-loss isn’t failure; it’s giving yourself a chance for the next opportunity. Easy to say, hard to do, but it’s the bottom line for survival.

**Focus on Small Cycles for Short-Term Trading**

Using 15-minute charts combined with candlestick indicators, understanding the rhythm is much more reliable than blindly guessing the direction. Small cycles allow for quicker reactions and better risk control.

**The Most Difficult Part Is Mindset**

There are plenty of opportunities in crypto, but few can stay clear-headed amid intense volatility. Making money isn’t easy, but as long as you’re on the right path, you won’t go further and further astray. Having a method, discipline, and patience—these three are more valuable than anything else.